$OC
Owens Corning

2018 Q4 Form 10-Q Financial Statement

#000137094618000033 Filed on October 24, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $1.724B $1.818B $1.606B
YoY Change 7.35% 6.75% 16.12%
Cost Of Revenue $1.311B $1.370B $1.204B
YoY Change 8.89% 7.03% 15.22%
Gross Profit $411.0M $448.0M $396.0M
YoY Change 3.79% 5.91% 24.14%
Gross Profit Margin 23.84% 24.64% 24.66%
Selling, General & Admin $169.0M $159.0M $160.0M
YoY Change 5.63% 0.0% 1.91%
% of Gross Profit 41.12% 35.49% 40.4%
Research & Development $23.00M $21.00M $21.00M
YoY Change 9.52% -4.55% -4.55%
% of Gross Profit 5.6% 4.69% 5.3%
Depreciation & Amortization $110.0M $107.0M $102.0M
YoY Change 7.84% 5.94% 0.99%
% of Gross Profit 26.76% 23.88% 25.76%
Operating Expenses $134.0M $193.0M $180.0M
YoY Change -25.56% -3.5% -2.17%
Operating Profit $277.0M $255.0M $216.0M
YoY Change 28.24% 14.35% 60.0%
Interest Expense -$79.00M $31.00M -$24.00M
YoY Change 229.17% 10.71% -4.0%
% of Operating Profit -28.52% 12.16% -11.11%
Other Income/Expense, Net $3.000M $4.000M -$60.00M
YoY Change -105.0% 0.0%
Pretax Income $200.0M $228.0M $124.0M
YoY Change 61.29% 78.13% 14.81%
Income Tax $29.00M $67.00M $127.0M
% Of Pretax Income 14.5% 29.39% 102.42%
Net Earnings $171.0M $161.0M -$4.000M
YoY Change -4375.0% 67.71% -104.65%
Net Earnings / Revenue 9.92% 8.86% -0.25%
Basic Earnings Per Share $1.56 $1.46 -$0.04
Diluted Earnings Per Share $1.55 $1.45 -$0.04
COMMON SHARES
Basic Shares Outstanding 109.3M shares 110.0M shares 111.2M shares
Diluted Shares Outstanding 110.9M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $78.00M $136.0M $246.0M
YoY Change -68.29% -19.05% 119.64%
Cash & Equivalents $78.00M $136.0M $246.0M
Short-Term Investments
Other Short-Term Assets $76.00M $113.0M $80.00M
YoY Change -5.0% 52.7% 8.11%
Inventory $1.072B $1.032B $841.0M
Prepaid Expenses
Receivables $794.0M $955.0M $806.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.020B $2.241B $1.985B
YoY Change 1.76% 14.16% 25.16%
LONG-TERM ASSETS
Property, Plant & Equipment $3.811B $3.741B $3.425B
YoY Change 11.27% 12.88% 10.06%
Goodwill $1.949B $1.960B $1.507B
YoY Change 29.33% 29.54% 12.8%
Intangibles $1.779B $1.799B $1.360B
YoY Change 30.81% 31.6% 19.51%
Long-Term Investments
YoY Change
Other Assets $169.0M $234.0M $211.0M
YoY Change -19.91% 15.84% 8.76%
Total Long-Term Assets $7.751B $7.805B $6.647B
YoY Change 16.61% 16.61% 7.99%
TOTAL ASSETS
Total Short-Term Assets $2.020B $2.241B $1.985B
Total Long-Term Assets $7.751B $7.805B $6.647B
Total Assets $9.771B $10.05B $8.632B
YoY Change 13.2% 16.06% 11.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $851.0M $1.379B $834.0M
YoY Change 2.04% 16.96% 35.61%
Accrued Expenses $427.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $16.00M $1.000M $1.000M
YoY Change 1500.0% -50.0% 0.0%
Long-Term Debt Due $9.000M $4.000M $4.000M
YoY Change 125.0% 33.33% 33.33%
Total Short-Term Liabilities $1.278B $1.386B $1.282B
YoY Change -0.31% 16.96% 33.13%
LONG-TERM LIABILITIES
Long-Term Debt $3.362B $3.669B $2.405B
YoY Change 39.79% 44.51% 14.58%
Other Long-Term Liabilities $208.0M $227.0M $223.0M
YoY Change -6.73% 14.65% 35.98%
Total Long-Term Liabilities $3.570B $3.896B $2.628B
YoY Change 35.84% 42.35% 16.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.278B $1.386B $1.282B
Total Long-Term Liabilities $3.570B $3.896B $2.628B
Total Liabilities $4.848B $5.282B $3.910B
YoY Change 23.99% 34.68% 21.2%
SHAREHOLDERS EQUITY
Retained Earnings $2.013B $1.867B $1.575B
YoY Change 27.81% 16.47% 14.38%
Common Stock $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.103B $1.110B $911.0M
YoY Change 21.08% 20.65% 13.45%
Treasury Stock Shares 26.00M shares 26.20M shares 24.00M shares
Shareholders Equity $4.283B $4.165B $4.162B
YoY Change
Total Liabilities & Shareholders Equity $9.771B $10.05B $8.632B
YoY Change 13.2% 16.06% 11.51%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income $171.0M $161.0M -$4.000M
YoY Change -4375.0% 67.71% -104.65%
Depreciation, Depletion And Amortization $110.0M $107.0M $102.0M
YoY Change 7.84% 5.94% 0.99%
Cash From Operating Activities $297.0M $200.0M $322.0M
YoY Change -7.76% -33.77% 21.97%
INVESTING ACTIVITIES
Capital Expenditures -$112.0M -$121.0M -$88.00M
YoY Change 27.27% 53.16% -4.35%
Acquisitions
YoY Change
Other Investing Activities $74.00M $0.00 -$3.000M
YoY Change -2566.67% -100.0% -150.0%
Cash From Investing Activities -$38.00M -$121.0M -$91.00M
YoY Change -58.24% 42.35% 5.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -306.0M -98.00M -151.0M
YoY Change 102.65% -62.02% 0.0%
NET CHANGE
Cash From Operating Activities 297.0M 200.0M 322.0M
Cash From Investing Activities -38.00M -121.0M -91.00M
Cash From Financing Activities -306.0M -98.00M -151.0M
Net Change In Cash -47.00M -19.00M 80.00M
YoY Change -158.75% -53.66% 196.3%
FREE CASH FLOW
Cash From Operating Activities $297.0M $200.0M $322.0M
Capital Expenditures -$112.0M -$121.0M -$88.00M
Free Cash Flow $409.0M $321.0M $410.0M
YoY Change -0.24% -15.75% 15.17%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001370946
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
109319759 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Owens Corning
dei Entity Small Business
EntitySmallBusiness
false
CY2018Q3 invest Derivative Nonmonetary Notional Amount
DerivativeNonmonetaryNotionalAmount
2 MMBTU
CY2017Q3 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
227000000 USD
oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
587000000 USD
CY2018Q3 oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
259000000 USD
oc Earnings Before Interest And Taxes
EarningsBeforeInterestAndTaxes
596000000 USD
CY2018Q3 oc Environmental Exit Costs Costs Accruedto Date Current
EnvironmentalExitCostsCostsAccruedtoDateCurrent
8000000 USD
CY2018Q3 oc Environmental Liability Sites
EnvironmentalLiabilitySites
23 site
CY2017Q4 oc Fair Value Adjustment To Debt
FairValueAdjustmentToDebt
6000000 USD
CY2018Q3 oc Fair Value Adjustment To Debt
FairValueAdjustmentToDebt
5000000 USD
CY2018Q3 oc Finitelived Intangible Assets Franchisesand Agreements
FinitelivedIntangibleAssetsFranchisesandAgreements
6000000 USD
CY2017Q3 oc General Corporate Expense
GeneralCorporateExpense
34000000 USD
oc General Corporate Expense
GeneralCorporateExpense
102000000 USD
CY2018Q3 oc General Corporate Expense
GeneralCorporateExpense
18000000 USD
oc General Corporate Expense
GeneralCorporateExpense
88000000 USD
CY2017Q3 oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
0 USD
oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
0 USD
CY2018Q3 oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
1000000 USD
oc Income Loss From Equity Method Affiliates
IncomeLossFromEquityMethodAffiliates
-1000000 USD
CY2018Q3 oc Netfairvalueliability
Netfairvalueliability
21000000 USD
CY2018Q3 oc Notes Payable Fair Value Disclosure Par Value
NotesPayableFairValueDisclosureParValue
1.00
CY2017Q3 oc Other Expenses Net
OtherExpensesNet
19000000 USD
CY2017Q4 oc Notes Payable Fair Value Disclosure Par Value
NotesPayableFairValueDisclosureParValue
1.00
oc Other Expenses Net
OtherExpensesNet
43000000 USD
CY2018Q3 oc Other Expenses Net
OtherExpensesNet
13000000 USD
oc Other Expenses Net
OtherExpensesNet
39000000 USD
CY2018Q3 oc Precious Metals Depletion Percentage
PreciousMetalsDepletionPercentage
0.12
CY2018Q3 oc Preciousmetalpercentofdeprecationexpense
Preciousmetalpercentofdeprecationexpense
0.03
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1277000000 USD
CY2018Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1381000000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2331000000 USD
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2508000000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-605000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-514000000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-610000000 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4011000000 USD
CY2018Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4017000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
19000000 USD
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
18000000 USD
CY2017Q4 us-gaap Assets
Assets
8632000000 USD
CY2018Q3 us-gaap Assets
Assets
10046000000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
1985000000 USD
CY2018Q3 us-gaap Assets Current
AssetsCurrent
2241000000 USD
CY2017Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
12000000 USD
CY2018Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
5000000 USD
CY2017Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
12000000 USD
CY2018Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1000000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
16000000 USD
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
1147000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
246000000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
136000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118000000 USD
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
175000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
253000000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
144000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
57000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-109000000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
2000000 USD
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.63
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
135500000 shares
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
135500000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
111500000 shares
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
109300000 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
1000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
125000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
398000000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
151000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
278000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
125000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
398000000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
152000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
280000000 USD
CY2018Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
50000000 USD
CY2018Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
46000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14000000 USD
CY2017Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1280000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3605000000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1370000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4112000000 USD
us-gaap Debt Instrument Term
DebtInstrumentTerm
P1Y
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
88000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
77000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
144000000 USD
CY2018Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
71000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
37000000 USD
CY2018Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
124000000 USD
CY2017Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
256000000 USD
CY2018Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
218000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
269000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
323000000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.63
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.46
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.38
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.59
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
19000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-17000000 USD
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.35
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.29
CY2017Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018Q3 us-gaap Environmental Exit Costs Costs Accrued To Date
EnvironmentalExitCostsCostsAccruedToDate
17000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
251000000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
288000000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
51000000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
43000000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
46000000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
50000000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
51000000 USD
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-38000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1611000000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2087000000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3000000 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-71000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-71000000 USD
CY2018Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q4 us-gaap Goodwill
Goodwill
1507000000 USD
CY2018Q3 us-gaap Goodwill
Goodwill
1960000000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
500000000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-47000000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
423000000 USD
us-gaap Gross Profit
GrossProfit
1173000000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
448000000 USD
us-gaap Gross Profit
GrossProfit
1221000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
128000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
435000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
228000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
504000000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142000000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
67000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
127000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
17000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
265000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
10000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1000000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-68000000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-34000000 USD
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
-13000000 USD
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
-15000000 USD
CY2017Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
300000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
200000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
200000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
200000 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
1400000 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
1400000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
700000 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
700000 shares
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1360000000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1799000000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
28000000 USD
us-gaap Interest Expense
InterestExpense
81000000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
31000000 USD
us-gaap Interest Expense
InterestExpense
92000000 USD
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
562000000 USD
CY2018Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
691000000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
841000000 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
1032000000 USD
CY2017Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
279000000 USD
CY2018Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
341000000 USD
CY2017Q3 us-gaap Inventory Write Down
InventoryWriteDown
5000000 USD
us-gaap Inventory Write Down
InventoryWriteDown
5000000 USD
CY2018Q3 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
us-gaap Inventory Write Down
InventoryWriteDown
2000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8632000000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10046000000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1282000000 USD
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1386000000 USD
CY2015Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
800000000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
2409000000 USD
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
3673000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2405000000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3669000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4000000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4000000 USD
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4000000 USD
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
4000000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2405000000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3669000000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
42000000 USD
CY2018Q3 us-gaap Minority Interest
MinorityInterest
41000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
154000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
953000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-810000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1551000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
694000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
506000000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
96000000 USD
us-gaap Net Income Loss
NetIncomeLoss
293000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
161000000 USD
us-gaap Net Income Loss
NetIncomeLoss
374000000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
200000000 USD
us-gaap Operating Expenses
OperatingExpenses
563000000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
193000000 USD
us-gaap Operating Expenses
OperatingExpenses
636000000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
223000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
610000000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
255000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
585000000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
80000000 USD
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
113000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
211000000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
234000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-3000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
2000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
2000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-1000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
27000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
92000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-101000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
3000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
9000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-1000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-9000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-3000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-16000000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-3000000 USD
CY2018Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
216000000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
223000000 USD
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
227000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-17000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13000000 USD
CY2017Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
225000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-6000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
159000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
236000000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
203000000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
16000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
67000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
70000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
566000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1143000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
249000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
425000000 USD
CY2017Q3 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-4000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
23000000 USD
CY2018Q3 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-4000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-11000000 USD
us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
34000000 USD
us-gaap Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash
-1000000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
600000000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
588000000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
389000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
869000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1534000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
8000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
2000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
3000000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
11000000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
55000000 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
60000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
11000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
16000000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
96000000 USD
us-gaap Profit Loss
ProfitLoss
293000000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
162000000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
159000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
456000000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
159000000 USD
us-gaap Profit Loss
ProfitLoss
376000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5756000000 USD
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6249000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3425000000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3741000000 USD
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
806000000 USD
CY2018Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
955000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
351000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
736000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1227000000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
30000000 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
64000000 USD
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
66000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6000000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7000000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7000000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8000000 USD
CY2018Q3 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
65000000 USD
CY2017Q3 us-gaap Restructuring Costs
RestructuringCosts
8000000 USD
us-gaap Restructuring Costs
RestructuringCosts
37000000 USD
CY2018Q3 us-gaap Restructuring Costs
RestructuringCosts
7000000 USD
us-gaap Restructuring Costs
RestructuringCosts
19000000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
20000000 USD
CY2018Q3 us-gaap Restructuring Reserve
RestructuringReserve
17000000 USD
us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
6000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1575000000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1867000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1818000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5333000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2000000 USD
CY2017Q3 us-gaap Revenues
Revenues
1703000000 USD
us-gaap Revenues
Revenues
4778000000 USD
CY2018Q3 us-gaap Revenues
Revenues
1818000000 USD
us-gaap Revenues
Revenues
5333000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
531000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
30000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
34000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.246
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.022
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
478875 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.85
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
750 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
518725 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.17
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.18
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
37.05
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
37.65
us-gaap Share Based Goods And Nonemployee Services Transaction Valuation Method Expected Term1
ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1
P2Y11M
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1000000 USD
CY2018Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
1000000 USD
CY2017Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.067
CY2018Q3 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.051
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
39100 shares
CY2018Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
4600000 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3000000 shares
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
4162000000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
4165000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4204000000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4206000000 USD
CY2018Q3 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
2000000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
24000000 shares
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
26200000 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
911000000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1110000000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113200000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
110900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
111700000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111600000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110800000 shares

Files In Submission

Name View Source Status
0001370946-18-000033-index-headers.html Edgar Link pending
0001370946-18-000033-index.html Edgar Link pending
0001370946-18-000033.txt Edgar Link pending
0001370946-18-000033-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
oc-20180930.xml Edgar Link completed
oc-20180930.xsd Edgar Link pending
oc-20180930_cal.xml Edgar Link unprocessable
oc-20180930_def.xml Edgar Link unprocessable
oc-20180930_lab.xml Edgar Link unprocessable
oc-20180930_pre.xml Edgar Link unprocessable
oc-2018x09x30x10q.htm Edgar Link pending
oc-2018x09x30x10qxexh311.htm Edgar Link pending
oc-2018x09x30x10qxexh312.htm Edgar Link pending
oc-2018x09x30x10qxexh321.htm Edgar Link pending
oc-2018x09x30x10qxexh322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending